Is a continuous process of strategy creation

Consists of systematic evaluation of variables currently existing external and internal environment

Is deliberately bringing together the right resources for the right market at the right time.

Is designing strategies on the business and corporate levels.

Is employing those crafted strategies to achieve organizational set goals and objectives.

Is defined as a continuous repetitive and competitive process of setting goals and objectives that an organization to aim attain.

Is the application of an appropriate monitoring and feedback system

Two types of strategy plan

Is an inspiration statement of what the organization hope to achieve at some point in the future.

Defines the current purpose of an organization

An image of what an organization desire to achieve.

Are macro, compassing in perspective and perspective in nature. ( Represent the overall vision of an organization )

Aligned to your goal (are micr, and specific in perspective.

Are inherent roots of motivation

Is characteristically broader scope

Is the study and interpretation of the forces existing in the external & internal environment.

Consist of fact & data used by organizations

Are gathered through personal experience, observation, and experimentation.

Aree data collected from report, internet sources and other public materials.

Models of Environmental Scanning

Is structured assessment tool used to evaluate an organization

Refers to important issues that are characteristics of Global & Local societies.

There are crucial concerns confronting nations today.

Economic issues greatly affects growth & development of nations.

Basta digital wold uh...

Is the setting in wich an organization locally exists.

Government:

Culture:

Stakeholders:

Competitors:

Suppliers:

Customers:

Community:

A general term that refers to a sequence of interlinked

Is a broad Continuum of specific activities by a company.

Is now a popular term used for purchasing

The role of inventory is to buffer uncertianty

M R O stand for?

are processes that transform operations input into output to satisfy customer needs and requirements.

Is the process of producing goods using people and machines resources.

Is the process of putting together raae materials into a desired outputs.

Now a popular term in supply chain management